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Thailand’s banking system remains stable, SME loans continue to decline, consumer credit weakened

Summary by Pattaya Mail
Suwarnee states that total banking sector loans, including subsidiaries, shrank by 0.4% year-on-year in the fourth quarter. BANGKOK, Thailand – The Bank of Thailand (BOT) reported that the banking system remains stable, supported by strong capital reserves, liquidity, and loan-loss provisions, despite a 0.4% contraction in credit in Q4 2024. Suwarnee Jetsadasak, Assistant Governor for Financial Institutions Supervision at BOT, stated that total …
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Pattaya MailPattaya Mail

Thailand’s banking system remains stable, SME loans continue to decline, consumer credit weakened

Suwarnee states that total banking sector loans, including subsidiaries, shrank by 0.4% year-on-year in the fourth quarter. BANGKOK, Thailand – The Bank of Thailand (BOT) reported that the banking system remains stable, supported by strong capital reserves, liquidity, and loan-loss provisions, despite a 0.4% contraction in credit in Q4 2024. Suwarnee Jetsadasak, Assistant Governor for Financial Institutions Supervision at BOT, stated that total …

·Pattaya City, Thailand
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Pattaya Mail broke the news in Pattaya City, Thailand on Thursday, February 20, 2025.
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